Residential Construction Input Prices Increase to Start the Year

Prices for inputs to new residential construction—excluding capital investment, labor, and imports—were up 1.2% in January according to the most recent Producer Price Index (PPI) report published by the U.S. Bureau of Labor Statistics. The Producer Price Index measures prices that domestic producers receive for their goods and services, this differs from the Consumer Price…

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Multifamily Developer Confidence Reflected Mixed Results in the Fourth Quarter

Confidence in the market for new multifamily housing reflected mixed results year-over-year in the fourth quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB).  The MMS produces two separate indices.  While the Multifamily Production Index (MPI) increased seven points to 48 year-over-year, it is…

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